this separation interact with the regulation of the product market. The main issue to be addressed here is how the degree …

. Regulation, however, that adversely affects the incumbent directly, like ownership unbundling, decreases aggregate investment … trade-off between vertical economies and competition in a regulated industry, the electricity industry. We show for 16 … European countries over the period 1998–2008 that higher electricity end-user prices in a country subsequently lead to larger …

We develop a theoretical model of long-run investment decisions on capacity in the context of a liberalized electricity … absence of any regulation, private investment decisions on capacity unambiguously lead to a socially sub-optimal outcome, and …

industries, notably electricity and gas, have lagged behind schedule. Price distortions and the absence of independent ... …

<em>Increasing complexity in electricity regulation: who benefits?</em> - After a short description of the evolution of … incentive regulation, this paper explores some of the issues arisen with its implementation in the electricity sector both in …

This paper assesses Brazil’s regulatory framework and agencies for several network industries (electricity, oil and gas … end, recent initiatives include a new regulatory model for the electricity sector, and new draft legislation on the role … industries, particularly in electricity, is well thought out but the risk of regulatory failure should not be underestimated …

We review the different market monitoring and market-power mitigation policies that arise in world electricity markets …. Regulators for electricity markets apparently respond to differences in underlying market structure and design features when …

This paper focuses on the relationship between the stringency of regulation (OECD indicators) and total factor … productivity (TFP) growth in the electricity sectors of 19 European Union countries for the period 1994–2007. Both the OECD … in which the negative impact of the overall regulation on productivity is the result of opposite forces. Estimation …

The EU faces challenges in reforming the Gas and Electricity Directives to implement the single market in electricity … and gas. The Paper argues that there is unfinished business in the areas of regulation, restructuring, encouraging proper … risk management through contracting, and designing markets and regulation to ensure effective and sustainable competition …